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iPhone owners fuel 265% increase in eBay trade-in offers following iPhone 5 debut

post #1 of 25
Thread Starter 
Current owners of Apple's iPhone, including the last-generation iPhone 4S, accounted for 69 percent of a 256 percent increase in trade-in offers through eBay's Instant Sale service after the new iPhone 5 was announced last week, while Android devices amounted to only 16 percent of total offers.

Since the iPhone 5 was announced on Sept. 12, eBay Instant Sale trade-in offers for legacy handsets increased 256 percent from the same period one week prior, according to metrics provided to AppleInsider.

iPhone 5
Source: Apple


While the data comes from offers generated by eBay's Instant Sale and do not reflect actual trade-ins, the numbers could be indicative of the overall trend in who is upgrading to the new Apple smartphone.

The huge jump in trade-in offers was driven mainly by existing iPhone users looking to offload their old devices, presumably to fund the purchase of the new iPhone 5.

In all, offers generated for iOS devices came in at 69 percent, followed by Android products with 16 percent and all others accounting for 4 percent. Of those iPhone owners requesting trade-in values, 46 percent were looking to sell the iPhone 4, 40 percent for iPhone 4S, 8 percent for iPhone 3GS and 6 percent for iPhone 3G. eBay further broke down the generated offers, saying the top five devices generating offers were iOS devices:
  1. iPhone 4 32GB AT&T
  2. iPhone 4s 64GB
  3. iPhone 4 16GB AT&T
  4. iPhone 4s 16GB
  5. iPhone 4s 32GB

While Apple has yet to win over the Android set, the iPhone upgrade market appears to be alive and well despite ever-increasing U.S. smartphone saturation.
post #2 of 25
Apple isn't capable of supporting the numbers to satisfy Android users if they decided to switch. Foxconn couldn't keep up with the supply, so it really doesn't matter. Besides, carriers will continue to push non-Apple products on consumers because cellphone carrier salespeople get incentives to sell non-Apple smartphones.
post #3 of 25
My cracked iPhone 4S sold in 20 secs on eBay with my posted BIN price, don't know why people don't just sell it outright then trade it in to these companies that literally rip you off.
White Nexus 7 8GB
Black & Slate iPhone 5 32GB AT&T
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White Nexus 7 8GB
Black & Slate iPhone 5 32GB AT&T
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post #4 of 25

It's funny… It's only a few days after announcement and the new iPhone already doesn't appear "stretched" at all. It feels absolutely natural that a screen of that shape and size would fit in that aesthetic, which is similar to the previous. 

 

… Not so if both bezels had been removed, that's for sure. 

 

I predict that in 6-12 months, we'll have wondered how we got along with only five rows of icons on each Home Screen… 

Originally posted by Marvin

Even if [the 5.5” iPhone exists], it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone exists], it doesn’t deserve to.
Reply
post #5 of 25

I was going to post my iPhone 4S on Ebay, but I don't "need" the money so I think I am just going to hold onto it. Should I break/loose my iPhone 5, it would be nice to have a quick replacement until I can get another. . . .

post #6 of 25
Quote:
Originally Posted by SWS View Post

I was going to post my iPhone 4S on Ebay, but I don't "need" the money so I think I am just going to hold onto it. Should I break/loose my iPhone 5, it would be nice to have a quick replacement until I can get another. . . .

Good idea! :)

post #7 of 25
Quote:
Originally Posted by Tallest Skil View Post

It's funny… It's only a few days after announcement and the new iPhone already doesn't appear "stretched" at all...

Such was my response too when I looked at the image in this post.

Where are we on the curve? We'll know once it goes asymptotic!
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Where are we on the curve? We'll know once it goes asymptotic!
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post #8 of 25
Quote:
Originally Posted by Constable Odo View Post

...carriers will continue to push non-Apple products on consumers because cellphone carrier salespeople get incentives to sell non-Apple smartphones.

Why are they given incentives?

Where are we on the curve? We'll know once it goes asymptotic!
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Where are we on the curve? We'll know once it goes asymptotic!
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post #9 of 25
Quote:
Originally Posted by IQatEdo View Post

Why are they given incentives?

 

From my understanding, Carriers have to make up close to the full cost of the iPhone. Sure, they have to fork up some money to cover some costs of Android phones, but from what I understand, Apple demands a high price from the carriers.

 

They stand to make more money from the Android devices.

post #10 of 25
Originally Posted by SWS View Post
From my understanding, Carriers have to make up close to the full cost of the iPhone. Sure, they have to fork up some money to cover some costs of Android phones, but from what I understand, Apple demands a high price from the carriers.

 

They stand to make more money from the Android devices.

 

High-end Android phones cost exactly the same as the iPhone. They have NO excuse. They're being paid off by SOMEONE, somewhere.

Originally posted by Marvin

Even if [the 5.5” iPhone exists], it doesn’t deserve to.
Reply

Originally posted by Marvin

Even if [the 5.5” iPhone exists], it doesn’t deserve to.
Reply
post #11 of 25
Quote:
Originally Posted by Tallest Skil View Post

It's funny… It's only a few days after announcement and the new iPhone already doesn't appear "stretched" at all. It feels absolutely natural that a screen of that shape and size would fit in that aesthetic, which is similar to the previous. 

 

… Not so if both bezels had been removed, that's for sure. 

 

I predict that in 6-12 months, we'll have wondered how we got along with only five rows of icons on each Home Screen… 

 

 

Is this the iPhone you are looking for?

 

 

post #12 of 25
Originally Posted by AppleGreen View Post
Is this the iPhone you are looking for?

 

Wow, that takes me back. I actually installed Jared back on 1.1.2 to see what it was. 

Stupid, is what it was.lol.gif

Originally posted by Marvin

Even if [the 5.5” iPhone exists], it doesn’t deserve to.
Reply

Originally posted by Marvin

Even if [the 5.5” iPhone exists], it doesn’t deserve to.
Reply
post #13 of 25
Looks like last year's Google TV remote, only better designed with fewer buttons!
post #14 of 25
Quote:
Originally Posted by Tallest Skil View Post

High-end Android phones cost exactly the same as the iPhone. They have NO excuse. They're being paid off by SOMEONE, somewhere.

Do you really think the carriers are paying the same price to Samsung for the SIII as for the iPhone5? No Way!
post #15 of 25

I'm going to have AT&T unlock my 4s and I'll use it as my travel abroad phone

Life is too short to drink bad coffee.

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Life is too short to drink bad coffee.

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post #16 of 25
Quote:
Originally Posted by mstone View Post

I'm going to have AT&T unlock my 4s and I'll use it as my travel abroad phone

Interesting - any particular advantages in this? I'm intending to use my iP4 as a data acquisition etc system.

Where are we on the curve? We'll know once it goes asymptotic!
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Where are we on the curve? We'll know once it goes asymptotic!
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post #17 of 25
Quote:
Originally Posted by Flash_beezy View Post

My cracked iPhone 4S sold in 20 secs on eBay with my posted BIN price, don't know why people don't just sell it outright then trade it in to these companies that literally rip you off.

 

How much were you asking?

post #18 of 25
^this is not the droid you're looking for. -O. Kenobi
post #19 of 25
Quote:
Originally Posted by SWS View Post

I was going to post my iPhone 4S on Ebay, but I don't "need" the money so I think I am just going to hold onto it. Should I break/loose my iPhone 5, it would be nice to have a quick replacement until I can get another. . . .


I'm doing the same for mine.  I'm keeping it not only as a backup phone, but also to use as a local test device.

I'm just waiting to see the iP5 in person before I make my purchase.  Still not certain which color to pick.

post #20 of 25
Quote:
Originally Posted by sflocal View Post


I'm doing the same for mine.  I'm keeping it not only as a backup phone, but also to use as a local test device.


I'm just waiting to see the iP5 in person before I make my purchase.  Still not certain which color to pick.

I'm in the same boat in every regard but I'm leaning toward white.

"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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post #21 of 25
Quote:
Originally Posted by SolipsismX View Post


I'm in the same boat in every regard but I'm leaning toward white.

The black/slate is just too sexy! (Looks like white misses out again lol.)

Where are we on the curve? We'll know once it goes asymptotic!
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Where are we on the curve? We'll know once it goes asymptotic!
Reply
post #22 of 25

How about a story for those of us with out-of-contract iPhones (such as the 3Gs) who are looking to upgrade, but not necessarily to a new in-contract iPhone 5?  What are my options for purchasing, say, a used iPhone 4s?  

post #23 of 25

my apple iphone 4s 16gb black ATT is on the regular ebay for $345 buy it now... the instant sale offer goes to all tech wholesale? which i heard is awful!!! they get your phone and want to offer much less than original offer!

post #24 of 25
Quote:
Originally Posted by Matthew Lynn View Post

How about a story for those of us with out-of-contract iPhones (such as the 3Gs) who are looking to upgrade, but not necessarily to a new in-contract iPhone 5?  What are my options for purchasing, say, a used iPhone 4s?  

If you don't want a contract, just get one on ebay.  There are a multitude of price points for auction, and buy-it-now prices.  You are also protected from fraudulent sellers by the necessity of using PayPal (which I hate, but it is the only way you can use ebay anymore).  Just look for a few days, build up a watch list, and see what they are selling for before purchasing, and you will get an excellent idea of what to pay.  Used, excellent condition, iphone4S's are going for around $300 or less for a 16gb version, and above $300 for 32gb versions, and around $400 for 64gb versions.  If you don't mind blemishes/cracks, etc, you can pay a lot less, even though the phones will work just fine, unless the seller discloses some functional issues.

post #25 of 25
I wish I had looked into this further before I used them. I trusted the Ebay brand and that a big company like that wouldn't rip me off. Wow, was I wrong.
 
The ask only a super general condition assessment before making their offer. Concerned about this I called and asked what the inspection criteria are and was pretty specific. They assured my if the phone was cosmetically in descent shape and worked my offer would be honored. Once they got the phone my offer dropped from $235, to $100 because of "dead pixels". What a scam. The phone was like new.
 
Here is the email I wrote eBay Instant Sale in rejecting their offer:
 
[I]"I went out of my way to call your company in advance to understand what the valuation criteria is. Based on my trust in Ebay as a company and the specifics offered in that call I chose eBay for the transaction. There were a number of options I was considering.
 
The final valuation is less than half the original offer and does not reflect the criteria described to me in advance. To lower a valuation over half is a steep adjustment. That type of adjustment means these criteria are considered "huge" and they could easily have been outlined in advance (strict review policies based on... etc). They could have been outlined online or in my very specific call to you before I accepted the offer. I was assured as long as the item was not dramatically physically damaged and worked, that my offer would be honored. No mention of other criteria or inspection types. I was specific in my call.
 
You misled me, wasted my time, and now upon sending the phone back I have lost the opportunity to sell the item at the price I would have received when I selected eBay.
 
This is basically fraud – making a misrepresentation – agreeing to a finical transaction under specific terms and then not honoring it.
 
Though I didn't look into it before I selected eBay I have since searched online and found a shocking number or reviews and comments reflecting the same experience I've had."
 
It's sad to me that eBay has allowed themselves to sink to a level where they are involved in something like this to make money. This has changed my opinion of eBay and I will be sure to warn anyone I know that this is how eBay operates.[/I]
 
Don't trust these guys. And shame on eBay. For real.
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